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Threats Despite a steady, albeit modest rate of job creation, unemployment remains high in relation to growth, threatening overall productivity. Income inequality Links of London amongst the highest in Latin America, and if Chile is to sustain its recovery in the long term, social progress will be essential. Chile Business Environment SWOT Strengths Chile’s open economy, combined with its bilateral, regional and multilateral trade agreements, has meant a steady increase in foreign trade and in the country’s international competitiveness. Chile offers foreign investors some of the world’s most competitive Links of London Back To School Chubby Black Pencil Charm costs. Privatisation and deregulation have created sophisticated public utility and telecommunications industries, while corporate taxes and labour costs are moderately low. Weaknesses The lack of a dynamic tertiary sector, largely as a result of overdependence on primary export industries, amplifies Chile’s vulnerability to external shocks. Heavy dependence on imported natural gas leaves the economy vulnerable to supply shortages and potential power stoppages. Opportunities There is government support for foreign investors through three investment mechanisms which guarantee the rights of both the state and the investor during the implementation of a project. Destruction wrought by the earthquake of February will open significant new areas for foreign investment as the government Links of London Back to School Chubby Blue Pencil Charm to share the cost of reconstruction with the private sector. Threats Social unrest remains a threat as long as the pace of poverty and inequality reduction fails to match the pace of economic growth. We are concerned that despite recent efforts, corruption is a growing problem. Commercial Banking Business Environment Rating Methodology Since Q, we have described numerically the banking business environment for each of the countries surveyed by BMI. We do this through our Commercial Banking Business Environment Rating CBBER, a measure that ensures we capture the latest quantitative information available. It also ensures consistency across all countries and between the Links of London Back to School Chubby Red Pencil Charm to the CBBER and the Insurance Business Environment Rating, which is likewise now a feature of our insurance reports.